Managing categories assigned to achieve targeted KPI by planning and buying the right products with the lowest possible price, pricing at competitive price, driving and promoting the category business, arranging the efficient supply chain from suppliers to our DC/stores and merchandising it with planogram at store level
Analyzing customer demand/seasonal trend and customer buying pattern
• Plan and source the right products and assortments
• Negotiating with suppliers to get the lowest possible price, higher margin (both front /back end margin - buying income)
• Present new items plan to MM/management with deletion plan for old, slow moving items
• Create and update items and vendor information
• Implement category management (including developing planogram)
• Manage price change (cost and retail)
• Work with suppliers on demand planning in advance
• Plan the purchase and track open to buy (OTB)
• Plan promotional activities with suppliers and work with marketing department
• Issue PO's (for promotion items and new items)
• Monitor the service level of suppliers delivery and take necessary action
• Monitor the in-stock level at stores and take necessary action
• Monitor the the overstock and take necessary action
• Analyze the performance of categories
• Work with operation and DC to ensure the plan is communicated, implemented and if any issues occur, necessary action must be taken
• Prepare the report for MM and management
• Monitor the competition activities (product, price and promotion) by visiting their stores
• Visit the stores to ensure the implementation of the plan and learn customer behaviour
• Attend the Trade Fair and improve the knowledge
• Train assistant buyer